Fallout: The Financial Crisis
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March trade deficit widens to $27.58b
by
Dan Grech
May 12, 2009
The Commerce Department says the U.S. trade deficit is climbing again, up to $27.58 billion in March. As Dan Grech reports, this is a return to old times.
What banks repaying bailout means
May 11, 2009
Bill Stone of PNC Wealth Management talks with Steve Chiotakis about why some banks want to raise capital to repay bailout money, anti-trust policy, and the effect health care reform might have on businesses.
The business of going out of business
May 11, 2009
Circuit City is one of many retailers to go bankrupt recently. Steve Chiotakis talks with Fortune magazine's Allan Sloan about whether retailers declaring bankruptcy is part of a cycle or a shift.
Small banks hurt by housing bust
by
Dan Grech
May 11, 2009
Small banks in places like Florida are seeing their capital wiped out due to the housing bust. Dan Grech reports.
Teens cope with less cash in downturn
May 11, 2009
Teenagers account for $125 billion of annual retail expenditures. But that figure is expected to be lower this year as many teens learn to cope in a bad economy. Youth Radio's Asha Richardson reports.
Understanding student loans
May 8, 2009
High school grads heading to college face difficult decisions about how to pay for tuition and expenses. Many will turn to federal and private student loans. Lauren Asher of Project for Student Debt discusses the student loan process.
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Getting Personal
by
Tess Vigeland
and Chris Farrell
May 8, 2009
Tess Vigeland and economics editor Chris Farrell answer listeners' pressing questions about paying off mortgages by retirement, what to do when companies stop 401K contributions and how to choose a financial planner.
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Financial advisers step up their game
May 8, 2009
Investment firms are on the prowl for new customers. Those still in the green have the opportunity to snatch up new business after the downfall of companies like AIG. Andrea Gardner reports.
Few jobs in rural Wilcox County
May 8, 2009
Unemployment continues to plague cities across the country. But Wilcox County, Ala. has suffered severely due to the closure of a large lumber mill. Now one in four residents can't find work. Tanya Ott reports.
How stressed banks affect you
May 8, 2009
Many of the largest banks still don't get passing grades in U.S. government stress tests and must raise billions of dollars before they can pass. How does this affect the consumer? Reporter Jeremy Hobson has some answers.